The Hershey Company (HSY)
| Market Cap | 37.34B |
| Revenue (ttm) | 11.43B |
| Net Income (ttm) | 2.07B |
| Shares Out | 202.23M |
| EPS (ttm) | 10.09 |
| PE Ratio | 18.30 |
| Forward PE | 19.24 |
| Dividend | $5.48 (2.97%) |
| Ex-Dividend Date | May 16, 2024 |
| Volume | 1,442,420 |
| Open | 182.21 |
| Previous Close | 182.45 |
| Day's Range | 181.82 - 184.75 |
| 52-Week Range | 178.82 - 251.71 |
| Beta | 0.36 |
| Analysts | Hold |
| Price Target | 210.53 (+14.02%) |
| Earnings Date | Aug 1, 2024 |
About HSY
The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; protein bars; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack item... [Read more]
Financial Performance
In 2023, HSY's revenue was $11.16 billion, an increase of 7.16% compared to the previous year's $10.42 billion. Earnings were $1.86 billion, an increase of 13.19%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for HSY stock is "Hold." The 12-month stock price forecast is $210.53, which is an increase of 14.02% from the latest price.
News
Hershey to Webcast Second-Quarter Conference Call
HERSHEY, Pa. , July 1, 2024 /PRNewswire/ -- The Hershey Company (NYSE: HSY) announced today that it will release its second-quarter sales and earnings results on Thursday, August 1, 2024, and hold a c...
V, HSY, MCD: What Parts of the Markets are Fairly Valued?
When you look outside the top 5 or 10 stocks, the market looks fairly valued, notes Max Wasserman. He analyzes momentum in the technology sector, then goes over his stock ideas which include Visa (V),...
Hershey Updates Science-Based Targets as It Advances Efforts to Reduce Greenhouse Gas Emissions
HERSHEY, Pa. , June 18, 2024 /PRNewswire/ -- Hershey (NYSE: HSY) announced today that it has updated its 2030 science-based greenhouse gas (GHG) emissions reduction targets against the latest standard...
D&H's June 18 Hershey THREAD Technology Conference to Deliver AI-Readiness & Training
— Five AI-related Sessions from Topflight Vendors, 50+ Exhibits, and Extensive Training Mark its First Full-Scale, National THREAD for 2024 —
Cocoa prices are soaring. Candy makers will need to get creative
Cocoa prices have been soaring this year, hitting record highs and causing headaches for candy companies. While hedging contracts protect the likes of Hershey and Mondelez for now, high cocoa prices c...
Hershey Releases 2023 ESG Report
Outlines Progress and Future Ambitions Across its Sustainability Priorities HERSHEY, Pa. , June 4, 2024 /PRNewswire/ -- Hershey (NYSE: HSY) today announced the release of its 2023 Environmental, Socia...
Hershey faces larger lawsuit over missing designs on Reese's candies
Hershey is facing a renewed, larger lawsuit claiming it misled consumers about the amount of artistic detail they would find on several Reese's peanut butter candies after opening the packaging.
KIT KAT® Brand Debuts New Limited-Edition Flavor for Summer: KIT KAT® Pink Lemonade Flavored Bar
With hints of sweet strawberry and tart lemonade, the iconic brand's latest innovation will snap Americans into a summertime state of mind HERSHEY, Pa. , May 16, 2024 /PRNewswire/ -- The KIT KAT® bra...
The Hershey Company Ranks No.1 on Fair360's 2024 Top 50 Companies List
NEW YORK , May 14, 2024 /PRNewswire/ -- The Hershey Company (NYSE: HSY) took the number one spot on the 2024 Fair360 Top 50 Companies list, which was announced live at The Glasshouse in New York City ...
HERSHEY NAMED TO THE CIVIC 50, RECEIVES THE VOLUNTEER LEADER AWARD AND NAMED CONSUMER STAPLES LEADER FOR COMMITMENT TO COMMUNITY WELL-BEING
HERSHEY, Pa. , May 14, 2024 /PRNewswire/ -- The Hershey Company (NYSE: HSY) has been named a 2024 honoree of The Civic 50, a recognition of the top community-minded companies in the United States acco...
Why The Hershey Company is a buy below $200
The Hershey Company (NYSE: HSY) recently reported its Q1 2024 earnings, surpassing both top and bottom-line estimates. With a Non-GAAP EPS of $3.07, exceeding expectations by $0.31, and a revenue of $...
Cocoa futures turn bitter as prices drop 30% from record highs
Cocoa futures on Friday marked a drop of 30% from their all-time highs, as a buying frenzy that lifted prices to a record just two weeks ago gave way to expectations for better crop conditions and wor...
Hershey Beats Earnings Estimates as Sales in North America Jump
Hershey (HSY) posted better-than-expected results for the first quarter on higher prices and demand for sweets in its North American market.
Hershey Earnings Beat Driven by Higher Prices. Why Cocoa Fears Remain.
Prices for cocoa have been crashing in the past two weeks as speculators have bailed out.
Hershey tops first-quarter estimates on higher pricing
Hershey exceeded Wall Street expectations for first-quarter sales and profit on Friday, benefiting from higher prices and steady consumer demand for its chocolates and candy.
The Hershey Company reports increase in net sales and income, but pessimistic outlook
Chocolate makers the Hershey company reported its Q1 results for 2024 ahead of markets opening in the US today. The results showed an uptick in sales, income and earnings per share, compared with both...
Hershey Declares Quarterly Dividends
HERSHEY, Pa. , May 3, 2024 /PRNewswire/ -- The Board of Directors of The Hershey Company (NYSE: HSY) today announced quarterly dividends of $1.370 on the Common Stock and $1.245 on the Class B Common ...
Hershey's stock rallies after earnings beat, amid strength in North America confectionery sales
Shares of Hershey Co. HSY, +1.13% rallied 1.7% in premarket trading Friday, after the chocolate and salty snacks company reported first-quarter profit and sales that rose above expectations, amid stre...
Hershey Reports First-Quarter 2024 Financial Results; Reaffirms 2024 Net Sales and Earnings Outlook
HERSHEY, Pa. , May 3, 2024 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced net sales and earnings for the first quarter ended March 31, 2024 and reaffirmed its 2024 net sales and earni...
Earnings Exchange: Apple, Hershey & Cloudflare
Danielle Shay, vice president of options at Simpler Trading, joins CNBC's exchange to share her trades on Apple, Hershey, and Cloudflare.
Investors eye Hershey and Mondelez strategies amid cocoa and sugar price surges
Investors are closely watching how major chocolate manufacturers Hershey and Mondelez International will address the recent sharp increases in cocoa and sugar prices as they release their first-quarte...
Soaring cocoa prices put spotlight on Hershey, Mondelez earnings
Hershey and Mondelez International investors will be eager to see how the chocolate makers plan to tackle the recent surge in cocoa and sugar prices when they report first quarter results this week.
